ACME Solar Holdings IPO Date, Price, GMP, Review, Details

ACME Solar Holdings IPO

Gurugram-based ACME Solar Holdings IPO is a Book Built Issue. This is a BSE, NSE IPO which is open for subscription on 6 November, 2024 and will close on 8 November, 2024. The price band of the IPO is ₹275 to ₹289 per share.

The total IPO Size is ₹2900.00 crore in which fresh issue of ₹2,395 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for ACME Solar Holdings Limited IPO for minimum lot size is 51 shares for the retail investors, aggregating to an investment of ₹14,739.

This IPO is to be list on BSE & NSE platform on 6 November, 2024, and allotment date is on 11 November, 2024 which check ACME Solar Holdings Limited IPO allotment status on Kfin Technologies Limited is the registrar for this offering.

The book-running lead managers of this IPO is Nuvama Wealth Management Limited,ICICI Securities Limited,Jm Financial Limited,Kotak Mahindra Capital Company Limited,Motilal Oswal Investment Advisors Limited.For more information check ACME Solar Holdings Limited IPO DRHP and RHP details.

ACME Solar Holdings IPO Details

IPO Issue Open Date:6 November 2024
IPO Issue Close Date:8 Novmber 2024
IPO Issue Price Band:₹275 to ₹289 Per Share
Face Value:2 Per Equity Share
IPO Issue Size:₹2,900 Crores | [.] shares
Fresh Issue:₹2,395 Crores | [.] shares
Offer for Sale:₹505  Crores
Issue Type:Book Built Issue
IPO Listing At:BSE, NSE
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:[.] per share

ACME Solar Holdings IPO Prospectus:

Checkout the ACME Solar Holdings IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

ACME Solar Holdings IPO Dates Timeline

Get the tentative dates and schedule for latest IPO ACME Solar Holdings IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:6 November 2024
Issue Close Date:8 November 2024
Basis of Allotment Date:11 November 2024
Refunds Initiation:12 November 2024
Shares Credit in Demat:12 November 2024
IPO Listing Date Detail:13 November 2024

ACME Solar Holdings IPO Market Lot

You can bid for a minimum of 51 shares and maximum 3,468 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and 51 shares = ₹14,739
Retail (Max)13 lots and 663 shares = ₹191,607
HNI (Min)14 lots and 714 shares = ₹206,346
B-HNI Minimum68 lots and 3,468 shares = ₹1,002,252

ACME Solar Holdings IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹289₹--%
1th Nov₹-₹-₹-₹-

About ACME Solar Holdings

To be Updated Soon

ACME Solar Holdings IPO Strengths

  • Expansive portfolio diversified across different renewable energy technologies
  • Committed Promoters and senior management team

Objects of the IPO Issue

  1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Subsidiaries; and
  2. General corporate purposes.

ACME Solar Holdings Company Financial Report

The company reported revenue of ₹1,466.27  crores in 2024 against ₹1,361.37 crores in 2023. The company reported a profit of ₹689.26 crores in 2024 against a loss of ₹3.17  crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹1,562.73₹1,789.86₹62.01₹10,887.62
2023₹1,361.37₹1,416.21₹3.17₹12,186.95
2024₹1,466.27₹1,305.49₹689.26₹13,394.13

ACME Solar Holdings IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

KPIValues
ROE:38.84%
ROCE:-%
EBITDA Margin:82.56%
PAT Margin:47.62%
Debt to equity ratio:2.66
Earning Per Share (EPS):₹12.55 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):26.95%
Net Asset Value (NAV):₹49.62

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
Adani Green Energy Limited6.21289.97.19%85.869,220 Cr.
ReNew Energy Global PLC9.9455.33.07332.168,194.8 Cr.

ACME Solar Holdings IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: acmesolar.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

ACME Solar Holdings IPO Lead Manager

  • Nuvama Wealth Management Limited 
  • ICICI Securities Limited
  • Jm Financial Limited
  • Kotak Mahindra Capital Company Limited
  • Motilal Oswal Investment Advisors Limited

ACME Solar Holdings IPO allotment status check on Kfin Technologies website. Click on Kfin Technologies to get allotment status.

Promoters of ACME Solar Holdings

  • Mamta Upadhyay
  • Manoj Kumar Upadhyay
  •  ACME Cleantech Solutions Private Limited
  • MKU Holdings Private Limited
  • Upadhyay Family Trust.

Company Address

ACME Solar Holdings Limited
Plot No. 152
Sector 44
Gurugram -22002
Phone: +91 1247117000
Email: cs.acme@acme.in
Website: https://www.acmesolar.in/

ACME Solar Holdings IPO FAQs

What is ACME Solar Holdings IPO Detail?

ACME Solar Holdings IPO is a main-board IPO. The company is going to raise ₹2,900 Crores via IPO. The issue is priced at ₹275 to ₹289 pr equity share. The IPO is to be listed on BSE,NSE.

How to Apply ACME Solar Holdings Limited IPO Online?

You can apply for ACME Solar Holdings IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When ACME Solar Holdings IPO will open?

The IPO is to open on 6 November 2024 for QIB, NII, and Retail Investors. The IPO will close on 8 Novembver 2024.

What is ACME Solar Holdings IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is ACME Solar Holdings IPO Size?

ACME Solar Holdings issue size is ₹2900.00 crores.

What is ACME Solar Holdings IPO Price Band?

ACME Solar Holdings IPO Price Band is ₹275 to ₹289.

What is the Lot Size of ACME Solar Holdings IPO?

The ACME Solar Holdings IPO minimum bid size is51 Shares with ₹14,739 amount.

What is the ACME Solar Holdings IPO Allotment Date?

ACME Solar Holdings IPO allotment date is 11 November, 2024.

What is the ACME Solar Holdings IPO Listing Date?

ACME Solar Holdings IPO listing date is 13 November, 2024. The IPO is to list on BSE, NSE.

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